
#407 Awesome Year-End Tax Tips
Main Street Business
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Paying Your Spouse
We generally don't like to have your spouse paid out of your business. If you want them to make retirement account contributions form, particularly solo 401Ks, they must be working in the business. There's a strategy of backdoring in your medical expenses and to be completely deductible under what's called a health reimbursement arrangement or a 105 plan. We're at the links down below, call the law firm, meet with one of our tax lawyers and go, I just need a trifecta comprehensive consultation.
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